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Robinhood hits $377B assets, launches 7% APY stablecoin lending via Morpho integration

Protocol Fundamentals
07 Jul 2026
Crypto Briefing
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Bullish
pluang ai news

Robinhood has reached $377 billion in assets on its platform, a 48% increase from last year, and introduced Robinhood Earn, a new lending product allowing eligible US users to lend USDG stablecoins through Morpho's on-chain credit network. This product offers an estimated 7% annual yield, significantly higher than traditional savings accounts, and is backed by insurance from Lloyd's of London. The integration leverages Morpho for lending mechanics, Steakhouse Financial for vault infrastructure, and Robinhood Chain for transaction settlement, marking a major step in bringing decentralized finance to Robinhood's 27.7 million funded customers. This move highlights Robinhood's push into DeFi, aiming to make on-chain finance accessible to mainstream retail investors.

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